Twenty-four percent of
the United States population are Echo Boomers (the children of Baby
Boomers) and most qualify for affordable housing built with tax
credits. This webpage summarizes this opportunity, provides an
example of the market, and describes a Garden Style walk up solution
that pencils.

At home in
any residential neighborhood

The
Opportunity

 72 million Echo
Boomers ages 18  29
 24% of U.S. population
 94% are single
 With median incomes of $27,700Who do not have:
 Affordable housing in most communities

At home in any mixed
use suburban neighborhood

The Market,
Orange County Example

9% Tax
Credits 100,373 are eligible and can afford the
qualifying rent.(1)
 Only 126 of 216,000 existing units are affordable for
this group

4% Tax
Credits 71,179 are eligible and can afford the
qualifying rent.(2)
 Only 13,000 of 216,000 existing units are affordable
for this group

At home in any urban edge neighborhood

Why Studios?

 94% of Echo Boomers are single
 Fewer square feet to reduce cost needed to pencil
 Our survey shows these units rent 62% more quickly with
a turnover 77% less often or equal to
other units

Garden Style
3-Story Building Plan

Overcoming
City Resistance to SROs

 Seen as homeless shelters
 However, only 1.16% of the U.S. are homeless
 24% are Echo Boomers
 Who are the children of city council members

With
the design flexibility of our Garden Style Studio Plan, we can
create similar cost
efficiencies on multiple small sites to those we
can create on a single large site.

Studio Unit
Plan - 364 Sq. Ft.

Americans pre-designed and Pre-Value EngineeredSM
studio plan meets the CA Tax Credit Allocation Committee (CTCAC)
requirements for single room occupancy, and building code and
accessibility requirements for efficiencies, while creating separate
living and sleeping areas with cross ventilation around and through
the units significantly reducing energy costs.

For two decades American has
been passionate about delivering the highest quality multifamily
neighborhoods for the lowest cost.
We provide turn-key design/build services, creating multifamily
neighborhoods, ranging from 1 million to 100 million dollars

The drawings, designs and concepts depicted in this
webpage are the intellectual property of American Multifamily, Inc.
This webpage is not to be disclosed, disseminated, distributed or
copied and the contents, designs, and ideas represented in this
webpage are not to be used for any purpose without the written
consent of American Multifamily, Inc.

(1) The number of Echo Boomers in this category was
determined by adding the Echo Boomers who have monthly incomes where
the rent of $1100 is not more than 35%

(2) Our analysis includes prevailing wage which is
required for the HUD 221(d)(4) program

(3) The LEED level of certification is included in the
base design. The designs are upgradeable to LEED Silver, Gold, and
Platinum. American can also provide solar cost/benefit analysis and design